The high P/E ratio might signify bearish trends given the co...
The high P/E ratio might signify bearish trends given the company's predicted slower growth compared to the market. A drop in the P/E ratio could signal risk of future downfall, despite investor hopes for a turnaround.
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
Read more